STEPHANOMICS AND STIGLITZ
Stephanie Flanders is pretty excited by the decision by the US ‘Fed’ decided to pump $600 bn intothe US economy.Whilst the rest of the media reported that just about everyindustrial country in the world was outraged by the US move ‘Stephanomics’ wasas usual behind the curve : ” This week’s statement by the Federal Reserve hasachieved all that Ben Bernanke might have hoped it would achieve; stocks areup, the dollar is … Continue reading